He outdid the Fed: Mr Kuroda with reporters after meeting PM Abe last Thursday. Announcing on April 4 what he called 'a new phase of monetary easing, both in terms of quantity and quality', the BOJ governor promised to double Japan's monetary base …

Thailand cuts interest rates, drawn into Asia's deepening currency war. By Jake Maxwell Watts — May 29, 2013. Thailand's central bank voted unanimously to cut its 2.75% base rate by a quarter of a percentage point on Wednesday in an attempt to stem a …

Martin Whetton, a rates strategist at Nomura in Sydney, says the ups and downs (OK, mostly downs) of his home currency have become a staple of daily news shows Down Under. Rather than being greeted as a potential boost to exports, “this has hurt our …

Brazil is waving the white flag in the supposed currency war. By Roberto A. Ferdman, Matt Phillips — June 5, 2013. If there was ever a global currency war—and we've long been skeptical—Brazil's Finance Minister Guido Mantega just effectively …

It can now be fully confirmed that we are in the middle of a currency war on a global scale. On April 19, the Thai baht was trading at Bt28.55 against the US dollar. At that point, Dr Prasarn Trairatvorakul, the Bank of Thailand governor, almost lost …

Almost exactly a year ago we discussed the issues faced by India, as the nation's currency weakened to record lows (see post). We are now back to another round of rupee devaluation. In the last few days the USD/INR exchange rate exceeded the …

The global currency war has reached a critical juncture. The United States and the United Kingdom appear to have won the battle in this round against the BRICS and emerging-market countries. The first round of quantitative easing (QE1), launched by the …

The burgeoning USD strength may even lead to an unconscious and unofficial currency war, with the central banks in the UK and the Eurozone looking to try and protect the recent gains in their respective currencies. The USD strength is particularly …

Almost exactly a year ago we discussed the issues faced by India, as the nation's currency weakened to record lows (see post). We are now back to another round of rupee devaluation. In the last few days the USD/INR exchange rate exceeded the …